LAZARUS STEPHEN 4

What Happened Stephen Lazarus, President, CFO and COO of ONESPAWORLD (OSW), reported two actions: a grant of 35,026 Performance Stock Units (PSUs) on Feb 11, 2026, and the sale/disposition of 59,412 shares on Feb 13, 2026. The sale generated approximately $1,342,117 at a reported weighted-average price of $22.59 per share (actual sell prices ranged $22.01–$22.96). The PSU grant is a contingent award (no cash paid).

Key Details

• Transaction dates: PSU grant 2026-02-11; share disposition 2026-02-13. Filing date: 2026-02-13 (timely).
• Sale details: 59,412 shares sold; weighted-average price $22.59; total proceeds ~$1.34M; individual trade prices ranged $22.01–$22.96.
• Award details: 35,026 PSUs granted (each PSU = contingent right to receive one common share at vesting).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes:
  • F1: PSUs vesting terms — one-third settled immediately in shares; remaining two-thirds to be settled in two equal installments on Dec 2, 2026 and Dec 2, 2027, subject to continued service.
  • F2: Some shares were mandatorily sold in a broker-assisted cashless program to satisfy tax withholding upon vesting of RSUs/PSUs.
  • F3: Reported price is a weighted average; the reporter can provide a breakdown of shares sold at each price within the $22.01–$22.96 range upon request.

Context The grant is a contingent equity award (PSUs) that vests over time and is commonly used for executive compensation. The sale included shares sold to cover tax-withholding obligations (a routine, non-speculative administrative sale) and also covered shares from prior RSU vesting. These types of withholding-driven disposals are common and do not necessarily signal insider sentiment.